Total loan: $2,425


Gavar, Gegharkunik Province, Armenia / Agriculture

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A loan helped To buy a lot of fertilized eggs and to buy two young cows.

Areg's story

Areg is 30 years old. He is married and lives with his wife, mother and pensioner grandmother, in Gavar city. Areg is the only breadwinner in his family, and he works hard day and night, in order to sustain his family. Areg is engaged in farming and animal breeding. He breeds cows, bulls, and chickens. Areg has discovered a new technology in aviculture (bird care). He has found a faster way of breeding young chickens. He buys fertilized eggs from agricultural wholesale markets and grows chickens using his quick technology. As he said, it is a good and profitable business that allows him to meet his big family needs. Areg needs a loan. He will use it to buy a lot of fertilized eggs and to buy two young cows, in order to increase his animal breeding activity. The additional animals and birds will help him to add to his income from agriculture.